THE CANADIAN PRESS/Jonathan Hayward
The association also wants the maximum withdrawal limit bumped up by $10,000.
Mark Blinch / Reuters
It's not as much money as it used to be.
Bloomberg via Getty Images
Excluding Greater Vancouver and Greater Toronto, the average price was just over $374,500.
Andrzej WÃ³jcicki via Getty Images
Property prices are falling in a majority of Canadian cities.
Chris So via Getty Images
Ontario's new housing rules seem to have had some effect.
Allard Schager via Getty Images
Toronto is no longer a "seller's market" and is now "in balanced territory."
Stuart McCall via Getty Images
The average sales price of a home in Canada reached $548,517 in March, up 8.2 per cent in a year.
bakerjarvis via Getty Images
Half the money circulating through Vancouver's housing market has vanished.
Krzysztof Dydynski via Getty Images
If you can make more selling than renting, you will probably sell.
Grant Faint via Getty Images
A shortage of housing is behind the rise in home prices, real estate industry says.
Tetra Images via Getty Images
Meanwhile, Toronto's hot real estate market is spreading out.
Mark Blinch / Reuters
Homebuyers rushed to get approved before new "stress test."
Brian Stablyk via Getty Images
"Uncertainty" in the market amid new mortgage rules.
Jurgen Vogt via Getty Images
Foreign buyers are bailing on B.C.
Feverpitched via Getty Images
Housing activity in Toronto and Vancouver continues to skew the Canadian home sales picture, as these two markets experience characteristics that are very different from the rest of the country.
Jupiterimages via Getty Images
Some say the ruling doesn't differ much from the status quo.
Design Pics via Getty Images
It's June and school will soon be out for the summer. What better time to teach your kids about... real estate? Why? There's actually more than 500,000 reasons to do so. The number is really 508,097 -- as in dollars, the average price of a home in Canada as of April 2016, according to the Canadian Real Estate Association. This represents a 13.1-per-cent year-over-year price gain. We need to educate our kids about the realities of property ownership before it overwhelms them.
Abdolhamid Ebrahimi via Getty Images
The era of real estate agents guarding coveted sales data may be coming to an end, starting in Toronto. That's what many agents predict. In anticipation, they're getting ready to release online long...
Comstock via Getty Images
Average house price hits $506,567.
Longview via Getty Images
There appears to be some uncertainty on the real estate association's part about some of the regulations.
In the midst of the busiest month of the year in real estate, the Canadian housing market shows no signs of cooling down anytime soon, pushing buyers to think twice about their next move. Many assume that their best bet is to steer clear of the hot market, but that isn't necessarily a smart move.
yaruta via Getty Images
The average price of a house in Canada passed the $500,000 mark for the first time in February, according to data from the Canadian Real Estate Association (CREA). The average price of $503,057 was up...
Shutterstock / Igorsky
Spring is usually busy season in the housing market, and it will likely be the case this year -- though for different reasons in various areas. Daylight Savings Time begins on March 12, and the first day of spring is the following weekend. Plus, Environment Canada said this week that Canada will likely have a milder than normal spring this year.
Why is 2016 a good year to buy a home in Canada? Let us count the ways. While there are no guarantees, in short, real estate in Canada is a proven performer over time. Sure, Vancouver and Toronto have shown the most spectacular historical growth, but even unsung markets in eastern Canada have performed well over time.
Prices this year could be "less frothy."
oneinchpunch via Getty Images
Outside of Toronto and Vancouver, things are pretty flat in the housing market.
Affordability in Toronto worst since early 1990s Vancouver home sales soar 40% PIMCO sees '20% negative return' on housing in next 5 years The experts are increasingly saying Canada’s housing marke...
Design Pics via Getty Images
OTTAWA — Canadian home sales grew in October as demand remained strong in the red-hot real estate markets in Vancouver and the Greater Toronto Area. The Canadian Real Estate Association said Monday th...
OTTAWA -- The Canadian Real Estate Association says home sales in September were down 2.1 per cent compared with August. The association says sales through its Multiple Listing Service were down in mo...
OTTAWA - The boom in Canada's housing market continued in August with sales of existing homes edging up 0.3 per cent month over month and holding at levels not far off the five-year high reached in Ma...
The Conservatives' pledge to spend $500,000 on collecting "comprehensive data on foreign buyer activity in Canada's housing market" has been met with a mixed reaction among realtors, many of whom ackn...